When you look at the chart about to take a trade, you are still hesitating, still unsure whether this is the right one. You are still uncertain about pulling the trigger.
Remember – it will always be like this!
No matter how much you trade, this feeling of uncertainty for the outcome of any one trade is not only to be expected, but to be desired. This is the feeling that tells you – you perceive the Market correctly.
Recognize the uncertainty, accept it with a smile. The nature of trading lies in this everlasting uncertainty, never being sure about the outcome of any given trade. Having accepted the uncertainty – pull the trigger, take the trade.
If you already have a solid system, then over the next 20 trades you will turn a profit, of which you can be certain. If you are still in the process of fine-tuning your system, it is only possible to fine-tune through placing these trades amidst all the uncertainty the Market throws at you.
Be comfortable with ambiguity. Take the fear out of equation by accepting that losses are needed to turn a profit, by accepting the uncertainty as the core part of the game. You are only afraid of something you try to avoid. Fear dissipates as soon as you embrace that which you are afraid of.
Trading is only difficult when you have inappropriate expectations. You ensure it will be difficult by expecting it to be easy. You ensure frustration when you expect the Market to be certain and predictable. By expecting the Market to do what you think it should do, you ensure disgust and subsequent lack of confidence – guaranteeing that you will not be available for the trade which the Market does agree with.
Expecting not to lose, you are sure not to win.
Expecting to be right, you are already wrong.
Give up all your expectations, let the Market go where it will, do what it must and behave as it should. Stay fascinated, stay uncertain and confused but with a smile. Place a trade and be fascinated when the Market occasionally agrees with you!
How often do you feel frustrated because of the Market? How often the Market behaves in ways causing stress and anxiety? But truly, how can anything be “because of” the Market?
The Market can only reflect back what’s already inside of you. If frustration is boiling inside, if you are anxious and unsure, all these emotions will find the way out. It is irrelevant whether the Market will be the final straw or something else in your life.
The Market is a great teacher. The Market is fascinating. It is not “bad” nor is it the cause of anything.
Gather courage, look inside and face your own issues. Use the Market as your looking glass – what does it reflect back unto you? Seek such a mindset where the Market will reflect curiosity, fascination and acceptance.
Never allow yourself to lose track of the Market. It is constantly changing and as soon as you let your attention to waiver, it will take you to places you have never seen before.
Never let the Market travel far ahead of you! It will always be ahead, but it is your job to anticipate each turn it takes, carefully comparing what you have anticipated with how it moves in actuality. Be ready for all possibilities, avoid surprises.
Stay vigilant, follow the Market, gather rewards.